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Bloomberg: Costs of bailouts reach $7.7 trillion

Media Fiddle While America Burns


I got into trouble many years ago when I co-hosted CNN’s now-defunct Crossfire show and told an Ambassador from Libya, who was filibustering and denying his government’s links to terrorism, to “Please shut up.” The producer told me that I went too far, but at least I said “please.” On the other hand, CNBC’s Maria Bartiromo went too far when she concluded a Monday interview with Saudi Prince Alwaleed bin Talal, a major Citigroup investor who has been bailed out by U.S. taxpayers, by saying, “Thank you very much for your precious time.”

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